Reported about 2 months ago
The AI sector has recently faced declines, with stocks from major players like Alphabet, Amazon, and Microsoft falling significantly. Despite this downturn, Nvidia remains a key player as it prepares to report earnings. Nvidia's growth in AI chip sales remains strong, driven by its dominant market position, but the upcoming earnings report needs to meet Wall Street's high expectations to sustain investor confidence. Analysts are optimistic, indicating that while overall AI spending by companies is growing, tangible benefits from AI software may take time to realize.
Source: YAHOO